Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

AMAT 322.34

+1.1%

Jan 23 9:30 AM EST

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To: Mark Marcellus who wrote (3248)	9/25/2002 1:04:00 PM
From: Cary Salsberg	Read Replies (1) of 25522

RE: "...all else being equal..." The original statement said that software companies produced more earnings per dollar of book value than AMAT and therefore deserved a higher P/B. Earnings and book value do not have a well defined relationship, so I questioned the statement. "...all else being equal..." still does not create a well defined relationship.

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